Higherlow
Nifty - Higher Low pattern 100 % hi guys ,
we see Nifty 1day chart its cleraly shows it makes Higher low , higher low pattern so we see it takes suport on 16800 , will be see big consolidation mode and .
Are u aggree so just like or dislike ? comment your doubt so we provvide your stock and ideas also .
ONGC: Long Analysis.ONGC rallied from around 100 levels back in April to about 128 odd levels in June. Since then it has corrected down to 112 and seems to be taking support there. From there it is improving its structure and trying to create higher lows. It has completed a 50% retracement of that rally from 100 to 128, all the while travelling in a downward channel but now it seems to be breaking out of it.
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One could try to go long keeping the following levels in mind. Do initiate the trade only when you observe that the price is sustaining above the "LONG ABOVE" level for some time.
LONG ABOVE: 118.50
STOP LOSS: 114.85
TARGET 1: 122.15
TARGET 2: 125
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Manage risk properly and trade your plan.
Like and follow for more. :)
2 Years breakout on weekly charts with VolumeA huge volume breakout can be easily seen on this beautiful chart at a level of Rs80. This happens after a great long rally the stock has shown from the last year with a series of higher highs and higher lows.
This can be bought at a retracement of around Rs 80-85. From here, I think a rally of 30 points is possible and the second target of 50 points is also expectable.
This is a good long bet with a stop loss below 75.
12% Rites breakout - Backtesting my swing👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥
👑 Strategy :
- Parallel channel
- Higher lows inside the channel
- respecting a good trendline supportive one inside the parallel channel
- good breakout with good candle and volume too
- gap not sustained and then accumulated there and now a breakout = good sign of breakout creation
- let's see if the market supports it or not !!
- Backtesting with small qty
- Make your setup on it use extremely less capital and lets hammer it out with good profits :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
SYNGENE | Read description for all details :)🔰 Hello my friends, here is the story I see behind this stock:
⭐Fibo: Retraced 50% in the near term swing high and swing low = bullish sign
⭐It's a triangle pattern here also if u see it carefully its kind of A big cup and handle type too :)
⭐Volumes: Today's volumes on 1hr are huge too
⭐Trade is possible only if it closes near the 610-620 LVL range :)
⭐Making higher highs and higher lows on 1hr too before this possible breakout
⭐Risk : Todays low ---- Target: Hold it until u see a reversal :)
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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AFTER CONTINIOUS FALL FROM 2017 IOC MAKING HIGHER HIGHS 1ST TIMEAFTER THE CONTINIOUS FALL FROM 2017 IOC MAKING HIGHER HIGHS AND HIGHER LOWS FOR THE FIRST TIME IN DAILY AND WEEKLY TIME FRAME CMP 95 TARGET 105 IF BREAKS 105 THEN GOOD FOR LONG TERM INVESTORS .IF BREAKS TRENDLINE ON THE DOWNSIDE THEN BEARISH. PLEASE LET ME KNOW HOW GOOD IS THE ANALYSIS IN COMMENT SECTION.
#Nifty Trade Setup For Wednesday (24th March)As you see Nifty is making Higher high Higher low.
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It Means Market is bullish.
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So we will buy on dip sell on high.
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14880 is a stong resistance after that 15052 is second resistance.
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Caution: if Nifty Give Gap up or Gap down, we will wait for the right time.
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You can also give your suggestions in comment box.
ITC | Buy - RSI divergence + Ascending Triangle Formation NSE:ITC
1. Bullish RSI Divergence at Daily & 15m timeframe.
2. Formation of ascending triangle , which is considered more towards bullish probability trend.
3. Formation of higher low at daily timeframe.
4. Hourly candle took proper support on 22nd Jan during last 1.5hours at the resistance shown , respecting the long trend line.
5. Price above EMA 200 on daily timeframe, its still bullish.
Swing Trade
Target1 - 222
Target2 - 234
Target3 - 244
SL1 - 205
SL2 - 200 (trend reversal)
INFOSYS (INFY) - SELLERS BECOMING WEAKNSE:INFY
AFTER A LONG RALLY ,PRICE STARTED TO CONSOLIDATE FROM MID OF OCTOBER
FORMED A TRIANGLE PATTERN,WITH STRONG SELLERS INITIALLY
PRICE DID NOT BREAK BELOW REF. POINT A, ALSO IT FORMED KIND OF HIGHER LOW FORMATION,INDICATING SELLERS ARE BECOMING WEAK
PRICE HAS TESTED RESISTANCE LEVEL 1148-1150 FOUR TIMES.
NEW RALLY MIGHT START ONCE PRICE BREAKS ABOVE RESISTANCE LEVEL WITH RELATIVELY HIGH VOLUME